Middle East and Africa Offshore Pipeline Market Analysis, Size, and Share by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

Middle East and Africa Offshore Pipeline Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Diameter (More than 24 inches and Less than 24 inches), Line Type (Export Line, Transport Line, and Others), and Product (Oil, Gas, and Refined Products)

Report Date : Dec 2020
Report Code : TIPRE00017251

Category : Manufacturing and Construction
Status : Published

Available Report Formats :
No. of Pages : 124

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The MEA offshore pipeline market is expected to grow from US$ 1,399.63 million in 2019 to US$ 1,680.77 million by 2027; it is estimated to grow at a CAGR of 2.5 % from 2020 to 2027.

The Saudi Arabia, UAE, and South Africa are major economies in MEA. Finding of new oil and gas reserves across MEA region is expected to escalate the MEA offshore pipeline market. The new oil & gas reserves findings have been witnessing exponential growth across MEA region. Some of the recent finding across MEA region include the discovery of two oil & gas fields by Saudi Aramco in the northern parts of Saudi Arabia in August 2020. In September 2020, Equinor announced the discovery of new oil & gas fields at the Swisher prospect. Furthermore, in October 2020, Total and its partners announced to evaluate several development options for commercializing a new gas and condensate discovery in South Africa. Such discoveries of new offshore oil & gas reserves are expected to boost the construction of new plants and requirements for new offshore pipelines for cross-border transmission, thereby boosting the MEA offshore pipeline market. Other factors such as improvements and advancements in flexible pipe technology are also expected to increase the demand of offshore pipelines, which will drive the MEA offshore pipeline market.

Furthermore, in case of COVID-19, MEA is highly affected specially the Saudi Arabia and Iran. The COVID-19 pandemic has negatively affected the overall oil & gas industry owing to considerable disruption in the industry supply chain activities coupled with the several countries across MEA region sealing off their international trade in wake of the pandemic. The MEA region especially the GCC countries witnessed a notable decline in their oil & gas sector owing to sharp decline in demand of oil from major end-user countries across Asia, Europe and North American regions as a result, the countries registered a lowered volume of oil production as well as construction of oil & gas related projects and subsequently the demand for offshore pipelines. Countries such as Saudi Arabia, UAE, Qatar and selected other members of OPEC countries also observed similar trends during the early months of the pandemic outbreak. The coronavirus outbreak's impact is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation in the countries like the Saudi Arabia and Iran will impact the offshore pipeline market growth of the MEA region negatively for the next few quarters.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA offshore pipeline market. The MEA offshore pipeline market is expected to grow at a good CAGR during the forecast period.

MEA Offshore Pipeline Market Segmentation

MEA Offshore Pipeline Market – By Diameter

More than 24 inches
Less than 24 inches

MEA Offshore Pipeline Market – By Line Type

Export Line
Transport Line
Others

MEA Offshore Pipeline Market – By Product

Oil
Gas
Refined Products

MEA Offshore Pipeline Market, by Country

Saudi Arabia
UAE
South Africa
Rest of MEA

MEA Offshore Pipeline Market - Companies Mentioned

Bechtel Corporation
Fugro
John Wood Group PLC
Larsen & Toubro Limited
McDermott International, Inc.
Petrofac Limited
Saipem S.p.A
Sapura Energy Berhad
Subsea 7 S.A.
TechnipFMC plc

Middle East and Africa Offshore Pipeline Report Scope

Report Attribute	Details
Market size in 2019	US$ 1,399.63 Million
Market Size by 2027	US$ 1,680.77 Million
Global CAGR (2020 - 2027)	2.5 %
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Diameter More than 24 inches and Less than 24 inches By Line Type Export Line Transport Line By Product Oil Gas Refined Products
Regions and Countries Covered	Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Bechtel Corporation Fugro John Wood Group PLC Larsen & Toubro Limited McDermott International, Inc. Petrofac Limited Saipem S.p.A Sapura Energy Berhad Subsea 7 S.A.

Research Manager

Nivedita Upadhyay

Manager,
Market Research & Consulting

Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

What are the Middle East and Africa Offshore Pipeline Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Middle East and Africa Offshore Pipeline Market Report Snapshots

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